Intermediate Microeconomics
Solutions to Homework #1
1
Chapter 3: Consumer Behavior
Q1: Suppose there are two goods: clothes (C) and food (F ). The price of food, PF , is 10 and
the price of clothes, PC is 7. The consumers income is $140.
1. Draw the budg

Exercise (part 3&4)
1Which of the following statements are true?
A) A bank's assets are its sources of funds.
B) A bank's liabilities are its uses of funds.
C) A bank's balance sheet shows that total assets equal total
liabilities plus equity capital.
D)

Intermediate Macroeconomics
Macroeconomics is the study of aggregate economic activity. This course provides an
in-depth introduction to macroeconomics and standard theoretical models of how
GDP, employment, interest rate and the price level are determine

Intermediate Microeconomics
Homework #3, due 10/17
Q1: Chapter 5, Exercise 4 in the textbook.
Q2: Chapter 5, Exercise 7 in the textbook.
Q3: Alice is currently has a job that pays $60,000 a year with 100% probability. She is
considering whether to switch

Tugas Kelompok ke-3
(Minggu 8)
Case 1
The corporate charter of Gregory Corporation allows the issuance of a maximum of
2,500,000 ordinary shares with a $1 par value. During its first three years of operation,
Gregory issued 1,500,000 shares at $15 per sha